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Commercial Land with State Road Frontage
For Sale
$2,990,000

3940 STATE ROAD 16, St Augustine, FL 32092

COMMERCIAL - St. Augustine, FL

Lot Size26.12 Acres
Days on Market163

Property Features for 3940 STATE ROAD 16

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision World Golf Village
Lot features Wetlands
Directions Head toward World Commerce Pkwy/World Golf Vlg Blvd, turn left onto World Commerce Pkwy, 0.7 mi Turn left onto S Francis Rd,1.6 mi Turn left onto FL-16 E, Destination will be on the left
Standard status Active
APN 0290900010
Lot size 26.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12339

Utilities

Utilities Water Available
Water source Private, Well
Listing Agency: KELLER WILLIAMS ST JOHNS · Keller Williams Realty
Listed By: CHRISTINA WELCH
Added: Feb 20 Changed: Jul 31 Last Checked: Aug 2 at 1:06PM
MLS# 2132068

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This +/-26.13-acre commercial land parcel at 3940 State Road 16 in St. Augustine includes approximately 7.57 acres of uplands with about 523 feet of frontage along State Road 16, supporting visibility and convenient access. The buildable portion is zoned Commercial Intensive and Commercial Highway Tourist, providing flexibility for a range of commercial or mixed-use development concepts.

The remaining +/-18.69 acres consist of RMH-zoned wetlands that extend toward Interstate 95, creating a natural buffer. The property is located near World Golf Village and the St. Augustine Premium Outlets in a rapidly growing corridor.

Improvements include a renovated office building with front and rear canopies, along with multiple outbuildings, including pole barns and a storage shed. Water is available via private well service.

Key Highlights

  • +/-26.13 acres of commercial land with about 523 feet of frontage along State Road 16
  • Approximately 7.57 acres of uplands zoned Commercial Intensive and Commercial Highway Tourist
  • +/-18.69 acres of RMH‑zoned wetlands extending toward Interstate 95

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Real Estate Agency Tech Support Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 32092, FL

43,691
Population
18,403
Households
2.4
Avg Household Size
40
Median Age
49%
College-Educated
94%
High-School Grad
124.1 sq mi
ZIP Area
352
Density / Sq Mi
$122,655
Median Household Income
$58,855
Median Earnings
$2,087
Median Rent
$464,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial-intensive and highway-tourist zoned acreage with water available and a renovated office building plus outbuildings.
Where is this commercial land located?
The property is located at 3940 STATE ROAD 16 St Augustine, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: +/-26.13 acres of commercial land with about 523 feet of frontage along State Road 16; Approximately 7.57 acres of uplands zoned Commercial Intensive and Commercial Highway Tourist; +/-18.69 acres of RMH‑zoned wetlands extending toward Interstate 95
More about this property
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